BitcoinWorld Crucial Matrixport ETH Deposit: $43.8M Moves to Binance In a move that has captured the attention of cryptocurrency market watchers, a significant Matrixport ETH deposit recently landed on Binance. This large transfer, involving millions of dollars in Ethereum, sparks important questions about institutional activity and potential market shifts. Understanding such movements is crucial for anyone keen on the dynamics of the digital asset space. Unpacking the Significant Matrixport ETH Deposit Approximately ten hours ago, an address linked to Matrixport, a prominent cryptocurrency service provider, executed a substantial transfer. The transaction involved 10,000 ETH, valued at an impressive $43.77 million, which was moved to the Binance exchange. This data comes from on-chain analytics platform ai_9684xtpa, providing transparency into the transaction. Such a considerable Matrixport ETH deposit to a major exchange like Binance is often interpreted as a signal by market participants. It suggests a potential rebalancing of assets, preparation for future trading activities, or even a strategic shift in portfolio management by the institutional entity. What Does Matrixport’s Portfolio Look Like? To put this recent transfer into perspective, it is helpful to look at Matrixport’s overall asset holdings. The firm currently manages a substantial portfolio, totaling $461 million in various digital assets. Here’s a quick breakdown: Bitcoin (BTC) Dominance: A significant portion of Matrixport’s assets, specifically 81.6%, is held in Bitcoin. This highlights their strong conviction in the flagship cryptocurrency. Remaining Ethereum (ETH): Even after this large transfer, Matrixport still holds a considerable amount of Ethereum. Their current ETH reserves stand at an additional 4,272 ETH, which is valued at $18.33 million. This distribution indicates a diversified, yet BTC-heavy, investment strategy, with Ethereum playing a notable supporting role in their portfolio. Decoding the Market Signals: Why This Transfer Matters Large institutional transfers, such as this Matrixport ETH deposit , are closely monitored by traders and analysts for several reasons. They can offer insights into the strategies of major players and potentially hint at upcoming market trends. Increased Liquidity: Moving a large amount of ETH to an exchange increases the available supply on that platform, potentially impacting short-term price dynamics. Rebalancing or Sales Preparation: Institutions might deposit assets to exchanges to rebalance their portfolios, prepare for over-the-counter (OTC) deals, or get ready for potential selling if they anticipate market shifts. Market Sentiment Indicator: While not a definitive predictor, such moves contribute to the overall market sentiment. A large deposit could be perceived as a bearish signal if the intent is to sell, or simply a logistical move for treasury management. Understanding these potential implications helps investors make more informed decisions. The Broader Impact on Ethereum and Binance The movement of such a substantial amount of Ethereum to Binance naturally has implications for both the asset and the exchange. For Ethereum, increased supply on exchanges could, in theory, lead to selling pressure if the funds are liquidated. However, it could also be part of a larger, more complex strategy not immediately apparent. For Binance, receiving a significant Matrixport ETH deposit reinforces its position as a primary liquidity hub for institutional and retail traders alike. Exchanges thrive on liquidity, and such large inflows demonstrate continued confidence from major crypto service providers in their platforms. The recent Matrixport ETH deposit to Binance serves as a powerful reminder of the continuous, dynamic activity within the institutional cryptocurrency space. These large-scale movements are not just isolated transactions; they are critical data points that provide valuable insights into market liquidity, institutional strategies, and the broader health of the digital asset ecosystem. As the crypto market matures, tracking such transfers becomes increasingly vital for understanding the forces at play. Frequently Asked Questions (FAQs) What is Matrixport? Matrixport is a leading cryptocurrency financial services platform. It offers a range of services including trading, lending, structured products, and asset management solutions for institutional and retail clients. Why did Matrixport deposit ETH to Binance? While the exact reason is not publicly disclosed, common motivations for such large institutional deposits include preparing for potential sales, rebalancing portfolio assets, managing liquidity, or facilitating specific trading strategies on the exchange. How does a large ETH deposit impact the market? A large deposit of Ethereum to an exchange can increase the available supply, which might lead to increased selling pressure in the short term. It can also be seen as an indicator of institutional sentiment, with market participants watching for subsequent trading activity. Does Matrixport hold other cryptocurrencies? Yes, Matrixport holds a diverse portfolio of digital assets. Their holdings are predominantly in Bitcoin (BTC), accounting for over 81% of their total assets, alongside their remaining Ethereum (ETH) and other cryptocurrencies. Is this Matrixport ETH deposit a bearish sign for Ethereum? Not necessarily. While a large deposit could precede selling, it could also be part of a more complex strategy, such as preparing for an over-the-counter (OTC) deal, moving funds for staking, or simply internal treasury management. Market participants often wait for further actions before drawing definitive conclusions. Did you find this analysis insightful? Share your thoughts on this significant Matrixport ETH deposit and its potential market implications with your network! Your engagement helps us bring more crucial crypto news to light. To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum institutional adoption . This post Crucial Matrixport ETH Deposit: $43.8M Moves to Binance first appeared on BitcoinWorld and is written by Editorial Team
Bitcoin price is struggling to recover above $112,000. BTC is now consolidating and might decline if there is a move below the $110,800 level. Bitcoin started a fresh decline from the $113,200 zone. The price is trading below $111,500 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $111,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $112,500 zone. Bitcoin Price Remains At Risk Bitcoin price started a fresh recovery wave from the $110,100 zone. BTC managed to climb above the $110,800 and $111,500 resistance levels. The bulls were able to push the price above $112,500 and $113,000. However, the bears remained active near the $113,200 zone and prevented more gains. There was a fresh bearish reaction, and the price traded below $112,000. A low was formed at $110,820 and the price is now consolidating losses. Bitcoin is now trading below $111,500 and the 100 hourly Simple moving average . Besides, there is a bullish trend line forming with support at $111,000 on the hourly chart of the BTC/USD pair. Immediate resistance on the upside is near the $111,700 level. The first key resistance is near the $112,000 level. It is near the 50% Fib retracement level of the recent decline from the $113,200 swing high to the $110,820 low. The next resistance could be $112,300 or the 61.8% Fib level of the recent decline from the $113,200 swing high to the $110,820 low. A close above the $112,300 resistance might send the price further higher. In the stated case, the price could rise and test the $113,200 resistance level. Any more gains might send the price toward the $114,200 level. The main target could be $115,000. More Losses In BTC? If Bitcoin fails to rise above the $112,300 resistance zone, it could start a fresh decline. Immediate support is near the $111,000 level and the trend line. The first major support is near the $110,800 level. The next support is now near the $110,200 zone. Any more losses might send the price toward the $108,800 support in the near term. The main support sits at $107,500, below which BTC might decline sharply. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $111,000, followed by $110,200. Major Resistance Levels – $112,000 and $112,300.
According to Coinglass data cited by COINOTAG on September 10, cumulative long liquidation intensity across mainstream CEXs would reach $1.132 billion if Bitcoin declines below $110,000, reflecting concentrated leverage at
Financial expert Levi Rietveld has shared an assertive outlook on XRP in a recent post on social media, declaring, “#XRP TO MOON IN 10 DAYS!!!” The statement was accompanied by a video in which Rietveld discussed the Federal Reserve’s interest rate outlook and its potential influence on both traditional financial markets and digital assets. His remarks anticipated monetary policy decisions with the likelihood of significant price movement in cryptocurrencies, particularly XRP. #XRP TO MOON IN 10 DAYS!!! pic.twitter.com/GHInFBEPC2 — Levi | Crypto Crusaders (@LeviRietveld) September 8, 2025 Major Banks Expect Multiple Rate Cuts In the video, Rietveld explained that leading financial institutions are forecasting several interest rate cuts by the Federal Reserve before the end of the year. He noted that the Bank of America projects two rate cuts, while JPMorgan Chase has suggested the possibility of two to three cuts. He emphasized that virtually all major banks have issued similar forecasts, reinforcing the idea that monetary easing is widely expected across the financial sector. According to Rietveld, this expectation has also been reflected in betting markets. He cited data suggesting a 94 percent probability of a rate cut being announced on September 17, leaving approximately ten days until a decision is made. He described this timeline as a critical window for investors, stating that it represents, in his view, the last real opportunity to benefit from the coming cycle of lower rates. Correlation Between M2 Growth and Asset Prices Rietveld went further by highlighting the historical relationship between rate cuts, M2 money supply expansion, and asset valuations. He explained that there is a correlation of approximately 95% between increases in M2, typically associated with rate cuts, and the performance of both digital assets and stocks. This, he argued, suggests that the upcoming monetary environment could be highly favorable for assets such as XRP. His comments indicate that he sees the rate cut cycle as directly supportive of higher valuations in the cryptocurrency sector. By tying together central bank policy shifts, liquidity measures, and historical price patterns, Rietveld outlined why he believes XRP may experience a substantial increase in value within the near term. Monetary Policy Signals and Market Reactions Rietveld’s forecast highlights a broader narrative within the digital asset space, suggesting that central bank monetary policy decisions have a significant impact on market performance. Rate cuts generally reduce borrowing costs, increase liquidity, and incentivize investment in both equities and cryptocurrencies. His remarks suggest that XRP, alongside other digital assets, could benefit considerably from these dynamics, with the September 17 meeting seen as a key turning point. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 While Rietveld’s analysis provides a clear and direct link between Federal Reserve policy and potential XRP price movement, predictions of immediate rallies carry inherent uncertainty. Market outcomes depend not only on rate decisions but also on investor sentiment, regulatory developments, and broader economic conditions. Nonetheless, the financial expert’s view is that XRP may be positioned for a notable upward move within ten days, driven by expectations of imminent U.S. interest rate cuts and their historical correlation with asset appreciation. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Market Expert: XRP to Moon In 10 Days. Here’s why appeared first on Times Tabloid .
COINOTAG reported that SharpLink (SBET) has paused its Ethereum accumulation, leaving reserves unchanged at 837,230 ETH since September 3, reflecting a temporary halt in on‑chain purchases over the past week.
Solana has pulled well ahead of other networks on a key measure: revenue. That gap is large enough to change how traders and builders talk about where money flows in crypto. Related Reading: Altcoins Feel The Pinch As Crypto Market Sentiment Sours Solana Tops Blockchain Revenue Charts According to data shared by crypto media outlets, Solana has generated $1.25 billion in revenue year-to-date. That is about two and a half times the revenue of Ethereum, which sits at $523 million so far this year. Only two other chains have cleared the $100 million mark: BNB Smart Chain at $148 million and Bitcoin at $135 million. Base, Coinbase’s layer-2, records $54 million and leads the L2 group, while Arbitrum, Polygon and Optimism report revenues between $10.80 million and nearly $3 million. $SOL is in a league of its own. Solana has generated $1.25B in revenue YTD… Nearly 2.5x more than Ethereum. That’s real demand for blockspace and right now, no chain comes close. pic.twitter.com/yRWYU6wUrt — Milk Road (@MilkRoadDaily) September 8, 2025 Monthly Numbers Show App-Driven Growth In the past 30 days, Solana pulled in more than $210 million in revenue. Much of that cash was earned by apps on the network rather than by Solana’s base layer. Based on reports, memecoin launchpad Pump.fun and trading bot Axiom Pro generated close to $53 million and $51 million respectively in the last month. Decentralized exchanges such as Jupiter and Meteora, along with the Phantom wallet, also rank among the top revenue generators. Solana’s own on-chain fee haul was $4.56 million over the same period, placing the chain itself eighth among revenue sources. Apps Capture Most Of The Fees Reports have disclosed that developers and investors see this as a feature of Solana: apps can make big money fast. Axiom Exchange became the fastest app to reach $200 million in revenue, doing so in 202 days when it hit the mark on August 4. Pump.fun reached $200 million in 303 days. Helius Labs CEO Mert Mumtaz has said that the ecosystem’s architecture attracts builders who can run revenue-heavy services, and the numbers appear to back that view. #Solana surges 5.8% to $215 🚀 DEX volume hits $2.6B in 24H, fueled by #DeFi. Trump-backed $WLFI leads with $1.23B, showing political hype is driving liquidity and cementing Solana as the go-to for high-volume plays. Check out Top 10 Tokens on Solana by 24H Volume 📈 Which… https://t.co/k8s7VMNopa pic.twitter.com/xR5P2CYqAy — Solana Daily (@solana_daily) September 8, 2025 Related Reading: Bitcoin Could Hit $150K By Christmas, Analysts Tell Michael Saylor Price Moves Follow Revenue Headlines SOL has been reacting. According to price trackers, SOL climbed about 6% to $215 in a single session and is up 17% over the past 30 days. Year-to-date, however, SOL lags some larger tokens such as Bitcoin, Ether, XRP and BNB. Market gains and big app revenues together are driving bullish sentiment among traders and some fund managers. Featured image from Shutterstock, chart from TradingView
SEI’s ETF nod fuels bullish momentum, but liquidation risks keep traders cautious.
Robinhood Markets Inc. is expanding beyond trading by launching a new in-app social network, Robinhood Social. The app’s rollout begins early next year. A select group of customers will be the first to get invitations. After that, the feature will be rolled out to all users. Its arrival is another sign that the online brokerage has entered a new era. Robinhood is a place to invest, combined with community and conversation. Robinhood puts trading at the center of social Robinhood Social follows a simple rule: every post must be linked to a real trade. Whether users share insights on stocks, options, or crypto, it has to reflect an actual position they’ve taken, adding authenticity to the content. The position updates in real time once a trade is posted. Prices, gains, and losses change as markets move. Other traders can join the conversation by commenting directly on the post. This makes the platform more interactive than a static screenshot, for example, or a one-sentence Reddit message. By opting for a trade as the center of every post, Robinhood creates a stark contrast between itself and social platforms like Reddit and X, where users can put unverified claims, inflated claims, or edited screenshots for results. On the other hand, Robinhood Social is transparent because a transaction inside the brokerage underpins every post. The platform also provides additional transparency into investor performance. Users can share the one-day and one-year profit and loss statements. They can also disclose their total profit margins. This allows followers to learn from traders who always win and have the context when trading strategies go awry. The social part won’t be limited to everyday traders. The company expects to include profiles of luminaries like lawmakers and billionaire investors. For instance, trades by the former U.S. House Speaker Nancy Pelosi, which are closely tracked by retail traders online, will automatically appear, according to required public financial disclosures. The same goes for hedge-fund managers like Bill Ackman. This tool puts the information that big investors keep an eye on in the hands of regular people, although notably with a more human, and certainly less dull, form. Individually, they’re all basic, but collectively, they’re enough to turn Robinhood Social into more than just a chatroom. It turns into a live trading feed, and every discussion is based on fact, real positions, and measurable performance. Robinhood builds a financial super-app This is more than a hobby project. Robinhood views the platform as an investment in its plan to become a financial super-app over the long term. Along with the social launch, the company is introducing new trading tools. Active traders will receive AI-powered scanning tools on Robinhood’s desktop platform, Legend. Futures trading, short selling, and overnight index options will also be launched in 2025. The company says such upgrades will enable users to trade like professionals yet remain connected to a reliable social space. Executives said that every year, several verticals are reinvented on the internet, and they believe the new platform will change how money is discussed online. Abhishek Fatehpuria, Robinhood’s vice president of product management, added that the company had always wanted to combine social and investing and could now do so transparently and credibly. Robinhood naturally draws a social audience. Its traders played a central role in the 2021 meme stock frenzy. At the time, thousands of retail investors used the WallStreetBets Reddit forum to band together to run up stocks such as GameStop and AMC. Now Robinhood is chasing that energy inside its own ecosystem. The company sees in-house discussions as a way to help make investing more engaging while reducing misinformation risks on other platforms. Direct messaging and other social features like link and image sharing will follow. The company says it keeps it simple, concentrating on verified trades first. Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.
BitcoinWorld AI Startup Mercor: Surging Towards a Triumphant $10 Billion+ Valuation In the fast-evolving world of artificial intelligence, where innovation drives unprecedented growth, the spotlight often falls on companies that are not just building AI, but also enabling its very creation. One such entity, the AI startup Mercor, is currently making waves across the tech landscape, reportedly eyeing a monumental valuation exceeding $10 billion. For those keenly observing the confluence of technology and finance, particularly within the cryptocurrency space where groundbreaking tech often finds fertile ground, Mercor’s trajectory offers a compelling narrative of rapid expansion and strategic foresight. AI Startup Mercor’s Astonishing Ascent Mercor, founded in 2022 by Thiel Fellows and Harvard dropouts Brendan Foody, Adarsh Hiremath, and Surya Midha, has swiftly positioned itself as a critical enabler for leading AI labs. The company specializes in connecting industry titans like OpenAI and Meta with highly specialized domain experts—from scientists and doctors to lawyers—who are essential for training and refining foundational AI models. This unique service model has propelled Mercor into a league of its own, attracting significant investor attention. Recent reports, citing marketing documents and sources familiar with deal talks, indicate that Mercor is in discussions for a Series C funding round. The target? A staggering valuation of $10 billion or more. This figure represents a significant jump from an $8 billion target discussed just months prior, underscoring the explosive growth and perceived potential of the company. Felicis, an existing investor, is reportedly considering a substantial re-investment, signaling strong confidence in Mercor’s future. Key Milestones and Financial Performance: Founding: 2022 by Brendan Foody, Adarsh Hiremath, and Surya Midha. Previous Funding: $100 million Series B in February at a $2 billion valuation, led by Felicis. Current ARR: Approaching $450 million in annualized run-rate revenue, with CEO Brendan Foody stating it’s even higher. This is a significant leap from $75 million in February and $100 million in March. Profitability: Generated $6 million in profit in the first half of the year, a notable achievement for a rapidly scaling startup. Understanding Mercor ‘s Disruptive AI Training Model Mercor’s core business model is both innovative and essential for the advancement of complex AI. By providing companies with specialized domain experts for AI model training, Mercor addresses a critical bottleneck in AI development. These experts perform crucial tasks, such as data labeling and verification, ensuring that AI models are not only intelligent but also accurate and reliable. Mercor earns revenue by charging an hourly finder’s fee and a matching rate for these services. The company boasts an impressive client roster, claiming to supply data labeling contractors to five of the top AI labs: Amazon, Google, Meta, Microsoft, and OpenAI, alongside Tesla and Nvidia. Sources suggest that a substantial portion of its revenue is derived from a subset of these high-profile clients, particularly OpenAI, highlighting Mercor’s strategic importance in the AI ecosystem. To further solidify its market position and diversify its offerings, Mercor is also expanding its technological infrastructure: Software Infrastructure for Reinforcement Learning (RL): Mercor is developing advanced software to support RL, a training method where AI models learn through feedback and iterative improvement. This move positions Mercor at the forefront of sophisticated AI development. AI-Powered Recruiting Marketplace: The company intends to leverage AI to build its own recruiting marketplace, potentially streamlining the process of connecting experts with AI projects and further enhancing its service delivery. The Race for Startup Valuation : Mercor’s Billions The rapid escalation of Mercor’s target startup valuation from $8 billion to over $10 billion in a matter of months is a testament to the fervent investor interest in the AI sector. This valuation places Mercor among an elite group of tech companies experiencing hyper-growth. The company has reportedly received multiple offers from venture capitalists, with some preemptive bids reaching the $10 billion mark. Mercor’s financial trajectory is particularly striking when compared to other fast-growing startups. The company claims it is on track to hit the $500 million ARR milestone faster than Anysphere, the creator of the AI coding assistant Cursor, which famously achieved this within a year of its product launch. What sets Mercor apart even further is its profitability; unlike Anysphere, which is still burning cash, Mercor generated $6 million in profit in the first half of the year, demonstrating a sustainable growth model. The appointment of Sundeep Jain, former chief product officer at Uber, as Mercor’s first president, further signals the company’s ambition to scale and professionalize its operations, preparing for its next phase of expansion and potentially a successful Series C round. Driving Innovation with Reinforcement Learning and Beyond Mercor’s strategic pivot into building software infrastructure for reinforcement learning (RL) signifies a proactive approach to evolving AI training methodologies. RL is crucial for developing highly autonomous and adaptive AI systems, and by providing tools for this, Mercor aims to become an indispensable partner for advanced AI development. This move is not without its challenges, as the competitive landscape is intense. Mercor faces formidable rivals in this space, including: Surge AI: Reportedly in talks to raise funding at a staggering $25 billion valuation. Turing Labs: Another significant player in the data labeling and AI services sector. Scale AI: A major competitor that is also expanding its offerings into RL services. Notably, Scale AI has sued Mercor for alleged misappropriation of trade secrets, highlighting the fierce competition for market dominance. Furthermore, OpenAI’s recent launch of its own hiring platform raises questions about the potential for AI giants to develop their human-expert-powered RL training services in-house, adding another layer of competitive pressure for Mercor. Navigating the Competitive AI Landscape: Challenges and Opportunities While Mercor’s growth is undeniable, the competitive landscape presents both challenges and opportunities. The lawsuit from Scale AI, alleging that a former employee stole confidential documents, underscores the high-stakes nature of the AI training market. Such legal battles can be costly and distracting, but Mercor’s leadership remains focused on its ambitious goals. CEO Brendan Foody has publicly downplayed the need for new funding, stating, “We haven’t been trying to raise at all,” and that the company “turn[s] down offers every month.” He also clarified that Mercor’s reported ARR includes the total amount customers pay for services before contractors receive their portion, a common and auditor-recommended accounting practice also used by competitors like Surge AI and Scale AI. This transparency aims to reinforce confidence in Mercor’s financial reporting amidst its rapid growth. The ongoing “Bitcoin World Disrupt 2025” event, attracting thousands of tech and VC leaders, further emphasizes the broader industry’s appetite for innovation. Companies like Mercor, even if not directly involved in cryptocurrency, represent the kind of disruptive technology that draws the attention of investors and innovators across the tech spectrum, including those deeply invested in the future of digital assets and decentralized solutions. A Future Forged in AI Excellence Mercor’s journey from a 2022 startup to a company potentially valued at over $10 billion in just a few years is a powerful narrative of ambition, strategic execution, and the immense demand for specialized AI services. By connecting the world’s leading AI labs with the human expertise needed to refine their models, Mercor has carved out a crucial niche. Its expansion into reinforcement learning infrastructure and an AI-powered recruiting marketplace positions it for continued innovation, even amidst intense competition and legal challenges. As the AI revolution accelerates, Mercor stands as a testament to the incredible opportunities that arise at the intersection of human intelligence and machine learning, driving forward the very frontier of artificial intelligence. To learn more about the latest AI market trends, explore our article on key developments shaping AI features and institutional adoption. This post AI Startup Mercor: Surging Towards a Triumphant $10 Billion+ Valuation first appeared on BitcoinWorld and is written by Editorial Team
COINOTAG reported on September 10 that on-chain analyst Ai Auntie (@ai_9684xtpa) tracked a whale trader activity by the address pfm.eth, which sold its entire holding of 1,896 ETH at an